Search This Blog

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for
the Week 27.2.2017 to 03.03.2017

Second
Half Better...

NIFTY
:: 8940 (+118)

Nifty
traded in a range of 8810 to 8982 during last week and closed at the
Higher end for the week at 8940 with a GAIN of 118 Points (a gain of
about 1.3%). Market gained about 118 points during the week gaining
on all the Four days in the week.

-
The short term trend has turned Up. It is Neutral for Medium and Long
term, short term could be quite volatile. Unless Nifty comes and
closes below 8800.

-
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8776, 8451,
8422 and 8420 respectively and would act as Supports
and Resistances as Nifty is trading above all the
averages.

-
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8776, 8451,
8422 and 8420 respectively and would act as Supports
and Resistances as Nifty is trading above all the
averages.

-
Nifty continues to trade above the 200 DMA
and also the 50 DMA and 50 DMA too has come
above 200 DMA (Golden Cross has come during the
last Week) suggesting that the Long term outlook too has become
Bullish and Nifty continues to trade above both the
Averages and hence can be considered to be Bullish.

--

Technical
Levels...

Breakout
level : 9050 Breakdown level : 8750

Bullish
above 9000 with Resistance at 9060, 9120, 9180

Bearish
below 8880 with Supports at 8820, 8760 ,8700

Advice
for Traders...

Weekly Open level is very
important for the entire week. Long positions may be considered as
long as it maintains above the Weekly open level.

----------------------------

Planetary
Position

-
Moon would be transiting from Poorvabhadra 1 st Pada in
Aquarius to Bharani 3 rd Pada in Aries .

-
Rahu and Ketu transit in Leo and Aquarius and in Gemini and
Sagittarius Navamsas,

Moon
would be transiting between Poorvabhadra and Revathi in Aquarius
and Pisces between Monday and Wedneday and if the High
is crossed later on in the Week, it would become Bullish.

If
the Low is Breached on Thursday/ Friday, it would become Bearish. It
appears that First Half is rather subdued while the Second half could
be Better.

----------------------------

Generally
Subdued (for Monday)

Tithi
::Phalguna Sukla Padyami

Nakshatra
:Poorvabhadra

Persons
born in Aswini, Makha and Moola constellations and those born
in Pisces and Cancer are advised to be alert in their dealings.

Sensitive
/ Trend change Timings for the day:: 12.35 PM

Likely
Intraday Trend...

On
the basis of planetary position and aspects amongst planets, Market
is expected to open Steady and remain Better till about 10.15
AM and remain Subdued thereafter till about 12.10 PM. It would remain
Better after 12.15 PM to 2.15 PM and could remain Subdued
thereafter till close of the day .

Astro
Technical Trading Strategy...

If
Nifty Fut. Trades below ATP by 10.15 AM, Short Positions
can be taken with suitable SL, and such positions can be
closed by about 12.00PM. If Nifty Fut trades aboe the
ATP by about 12.15 PM , Long Positions can be taken with suitable
SL and such Positions can be closed by about 2.15 PM.

Technical
Levels...

Resistance
: 8980, 9015 Support :: 8900, 8865

-------------------------------------

- IF
resistance levels are achieved in the forenoon session, buying may be
avoided at higher levels and risky traders can consider short positon
for a pull back to Bullish trigger level. IF Support levels are
achieved in the forenoon session, selling may be avoided at lower
levels and risky traders can consider buying for a pull back
upto Bearish trigger level / other support
levels.

- Intraday trend given above is relative and based
purely on the basis of planetary positions / aspects and needs to be
understood and and astrological portion given above should be
considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer : Intraday
trading is risky and Astro guidance is to be depending on intraday
movements . applied depending on the real time market movement.
used as an additional tool in addition to technicals and adapted
Technical portion. Loss / Gain in market depends on Individual natal
chart. Creator only knows what is going to happen and
astrologer can only indicate what is likely to happen.

Investment
decisions made on the above analysis would be at your own risk and I
take no responsibility for your decisions based on the above
analysis.'

Trade only with stop loss..

Stay Disciplined
for Successful Trading and Investing..

Get link

Facebook

Twitter

Pinterest

Google+

Email

Other Apps

Comments

Post a Comment

Popular posts from this blog

Telecom
stocks today surged up to 8 per cent after the recent increase in
Reliance Jio tariffs, which is largely seen as positive for the
sector. Shares of Bharti Airtel jumped 4.99 per cent to close at Rs
497.50 on BSE. Bharti Airtel was the biggest gainer among the
30-share index components. The scrip of Idea Cellular soared 7.74 per
cent to end at Rs 98.15 and Reliance Communications zoomed 7.60 per
cent to Rs 17.70. Reliance Jio made its service dearer by about 15
per cent for its popular 84-day plan at Rs 459 from October 19, under
which subscribers get 1GB 4G data at high speed per day. The company
restructured its various schemes by reducing their validity period.
The recent increase in Reliance Jio tariffs will increase its average
revenue per user by up to 20 per cent and is a positive for the
telecom sector, which is seeing a rapid consolidation, says a Philip
Capital report. Established telecom sector players have seen huge
reduction in their margins. Idea Cellular and Reli…

Sensex
drops 244 pts A
late sell-off in auto, banking and IT shares pulled back the
benchmark BSE Sensex from record high level to close down by 244
points, its biggest single loss in past one month, on the first
trading day of 2018. Investors preferred to book profits at record
highs amid concerns over fiscal slippages and rising crude oil prices
and absence of cues from global markets which were closed for the New
Year holiday. The benchmark Sensex touched a low of 33,766.15 before
settling lower by 244.08 points, or 0.72 per cent, at 33,812.75. This
is the biggest single-day fall since December 1 when the index had
lost 316.41. The 30-share index had closed at an all-time high of
34,056.83 in the last session of 2017 on Friday. Also, the 50-share
Nifty cracked below the 10,500-mark to hit a low of 10,423.10 before
settling 95.15 points, or 0.90 per cent down at 10,435.55. Stocks
opened on a weak note and remained range-bound for the better part of
the day but an intense sell-off in…

Projecting
zero returns from the Nifty, Swiss brokerage UBS has projected a 10
per cent cut in its index target at 10,500 for calendar 2018, even as
it remains positive over the long-term. "Top-down, we forecast
Nifty earnings growth will recover from 9 per cent in fiscal 2018 to
13 per cent in 2019, but driven largely by financials," the
brokerage said in a report. "However, earnings growth is likely
to disappoint against consensus forecast of 22 per cent growth for
fiscal 2019, implying a 10 per cent cut," it added. Accordingly,
the brokerage estimates "no returns from the Nifty in 2018"
and has set the index target at 10,500 for this December. The report
noted that a sharp earnings recovery, with continued robust macro
stability appears priced in by the markets. "A sharp earnings
recovery appears priced in. The markets are already close to our 2018
target, given optimistic fiscal 2019 consensus earnings expectations,
which build …